Wednesday, January 27, 2016

Fox Business: Interest Rate Freeze in Place Again

   The Fed has given up for now its bid to restore interest rates to historic levels.....The central bank announced  the quarter point hike is where it ends due to a shaky world economy.    Investors didn't like the worry and sold.

Fox Business | Business News & Stock Quotes - Saving & Investing

2 comments:

Anonymous said...

The banks now have to pay .25 points more to borrow money from the fed to invest in stock, and that drives the price of stocks down. Not as low as they should be, but down nonetheless.

Anonymous said...

The Fed - doing all it can do... to drive the market down.